Dimitri G Demekas is Chief of Southeastern I Division at the European Department of the IMF and the IMF liaison with the Stability Pact for Southeastern Europe and the Working Level Steering Group of the G7. He currently heads IMF missions to Bosnia & Herzegovina. He has worked on both Western European countries and Eastern European transition economies, including Bulgaria, Romania, Estonia, Latvia, Slovenia, Kosovo, and Croatia, since 1990. He has published extensively on labor markets, transition economies, and the economics of post-conflict aid in Southeastern Europe.
In the first half of 2003, he was seconded from the IMF to work as Special Advisor to the Greek Presidency of the EU, where he covered, among other topics, EU relations with Russia and the Western Balkans. He was one of the main contributors to the Thessaloniki Agenda for the Western Balkans of June 2003 and represented the Greek Presidency in the development of the EU’s Wider Europe policy.
Dimitri G Demekas was born in Athens, Greece and lives in Washington, DC. He is divorced and has two daughters.
Personal WebPage: http://www.demekas.com
Fluent In: French, Greek, Italian.
Ph.D. in Economics, 1988, Columbia University, New York. The Economics of Segmented Labor Markets
M.Phil. in Economics, 1986, Columbia University, New York. International Economics, Public Finance, Development Economics.
M.A. in Economics, 1983, Columbia University, New York.
B.A. in Economics cum laude, University of Athens.
IMF Books and Working Papers:
Foreign Direct Investment in Southeastern Europe: How (and How Much) Can Policies Help?, Working Paper No. 05/110, June 01, 2005
The Economics of Post Conflict Aid, Working Paper No. 02/198, November 01, 2002
Kosovo: Institutions and Policies for Reconstruction and Growth, April 11, 2002
Government Employment and Wages and Labor Market Performance, Working Paper No. 99/55, April 01, 1999
Unemployment in Greece - A Survey of the Issues, Working Paper No. 96/91, August 01, 1996
Labor Market Institutions and Flexibility in Italy - A Critical Evaluation and Some International Comparisons, Working Paper No. 94/30, March 01, 1994
The Output Decline in the Aftermath of Reform: The Cases of Bulgaria, Czechoslovakia, and Romania, Working Paper No. 92/59, July 01, 1992
The Romanian Economic Reform Program, Working Paper No. 91/80, August 01, 1991
The Romanian Economic Reform Program, Occasional Paper No. 89, June 15, 1991
EQUILIBRIA WITH UNEMPLOYMENT IN SEGMENTED LABOR MARKETS, Working Paper No. 90/32, April 01, 1990
LABOR MARKET SEGMENTATION IN A TWO-SECTOR MODEL OF AN OPEN ECONOMY, Working Paper No. 90/33, April 01, 1990
Publications in Refereed Journals
"Foreign Direct Investment in European Transition Economies: The Role of Policies", Journal of
Comparative Economics, vol. 35, No. 2, 2007, pp. 369-386, (with B. Horvàth, E. Ribakova, and Y. Wu).
"Government Employment and Wages and Labor Market Performance", Oxford Bulletin of Economics and Statistics, vol. 62, No. 3, 2000, pp. 391-415 (with Z. Kontolemis).
"An Index of Coincident Economic Indicators for Estonia", Review of Economies in Transition, vol. 6, 1998, pp. 77-88 (with Ü. Lõhmus).
"Labor Market Performance and Institutions in Greece", South European Society and Politics, vol. 2, No. 2, 1997, pp. 78-109 (with Z. Kontolemis).
"Labor Market Institutions and Flexibility in Italy", Labour, vol. 9, No. 1, 1995, pp. 1-43.
"An Empirical Analysis of the Output Decline in Three Eastern European Countries", IMF Staff Papers, vol. 40, No. 1, 1993, pp. 1-31 (with E. Borenzstein and J. Ostry).
"Labor Market Segmentation in a Two-Sector Model of an Open Economy", IMF Staff Papers, vol. 37, No. 4, 1990, pp. 849-64.
"The Effects of the Common Agricultural Policy of the European Community: A Survey of the Literature", Journal of Common Market Studies, vol. 27, No. 2, 1988, pp. 113-45 (with K. Bartholdy, S. Gupta, L. Lipschitz, and T. Mayer).
"The Nature of Unemployment in Segmented Labor Markets", Economics Letters, Vol. 25, No. 1, 1987, pp. 91-4.
"Non-Traded Goods in an Asymmetric Trade Model", Journal of International Economic Integration, vol. 1, No. 2, 1986, pp. 171-83.
“Are European Emerging Markets Different?” Keynote speech to the 5th Emerging Market Workshop of the European System of Central Banks and the Austrian National Bank, Vienna, March 5-6, 2007, Austrian National Bank (forthcoming).
"Foreign Direct Investment in Southeastern Europe: What Do the Data Tell us?", in Liebscher, K.
et al. (eds.)Southeastern European Challenges and Prospects, E. Elgar, London, 2005 (with B. Horvath, E. Ribakova, and Y. Wu).
Building Peace in South East Europe: Macroeconomic Policies and Structural Reforms Since the Kosovo Conflict, Joint IMF-World Bank paper for the Second Regional Donor Conference on South Eastern Europe, International Monetary Fund, 2001 (with J. McHugh, J. Herderschee, and S. Mitra).
"Unemployment in Greece: A Survey of the Issues", European University Institute Working Paper RSC No. 97/17, European University Institute, Florence.
"The Stagnation of Manufacturing Employment in Latin America 1970-85", World Bank Discussion Paper DRD 301, 1987, World Bank, Washington, DC (with R. Klinov).
"Factor Substitution in Production in Industrialized and Less Developed Countries", World Bank Discussion Paper DRD 288, 1987, World Bank, Washington, DC (with R. Klinov).